Stokes Family Office LLC Raises Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Stokes Family Office LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 894.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,349 shares of the company’s stock after purchasing an additional 32,693 shares during the period. iShares MSCI USA Momentum Factor ETF comprises about 0.8% of Stokes Family Office LLC’s portfolio, making the stock its 28th biggest position. Stokes Family Office LLC owned about 0.07% of iShares MSCI USA Momentum Factor ETF worth $7,521,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MTUM. Aviance Capital Partners LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter worth about $203,000. Strategy Asset Managers LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth about $211,000. Portfolio Design Labs LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth about $1,687,000. Tradewinds LLC. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 24.7% during the third quarter. Tradewinds LLC. now owns 10,333 shares of the company’s stock worth $2,095,000 after buying an additional 2,047 shares in the last quarter. Finally, LPL Financial LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the third quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after buying an additional 11,968 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $200.22 on Wednesday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $229.77. The company has a market cap of $13.77 billion, a PE ratio of 27.42 and a beta of 0.99. The business has a 50-day simple moving average of $215.65 and a 200-day simple moving average of $209.84.

iShares MSCI USA Momentum Factor ETF Company Profile

The iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that is based on the MSCI USA Momentum SR Variant index. The fund tracks an index of large- and mid-cap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years.